India’s Gross Domestic Product (GDP) Grows 8.8% in the Three Months through June, the Highest since 2007 and Adding Pressure on Interest Rates BHP Billiton Ltd Denies Speculation that it Plans to Divest Some of Potash Corp of Saskatchewan Inc’s Assets if it Succeeds in its USD 38.6B Hostile Bid for the Fertilizer Maker Russia’s [...]
The Boeing Co Further Delays the Delivery of its 787 Dreamliner to Q01 2011 After a Rolls-Royce PLC Engine Blew Up in Testing Dell Inc Matches Hewlett-Packard Co’s USD 1.8B Bid For 3Par Inc, Marking the Fifth Public Offer in an Escalating Bidding War UK’s Gross Domestic Product Rises 1.2% in Q02 2010 From the [...]
France’s Second-Largest Bank, Credit Agricole SA Reports an 89% Surge in Q02 2010 Net Income to EUR 379mm (USD 482mm), Topping the EUR 318mm Estimate Industrial & Commercial Bank of China Announces that Q02 2010 Net Income Climbed 38% to a Record CNY 43B (USD 6.3B) on Widened Margins and Heightened Loan Demand The World’s [...]
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Tagged Credit Agricole, Credit Agricole Net Income, Industrial & Commercial Bank of China, Industrial & Commercial Bank of China Net Income, Nestle Net Debt, Overnight Market News, Overnight Markets, PetroChina, PetroChina Net Income, Santos, Santos Net Profit
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Goldman Sachs Group, Inc Loses Market Share Underwriting Corporate Bonds as it Seeks to Promote itself as a Company Advisor Rather Than a USD 900B Hedge Fund BHP Billiton Ltd Posts its Best Half-Year Profit in Two Years With First-Half Net Profit Before One-Offs Rising to USD 6.77B From USD 4.59B a Year Earlier, Keeping [...]
The World’s Largest Advertising Company, WPP Plc Posts a 39% Jump in First-Half Net Income to GBP 150.8mm (USD 232.5mm), Boosted by Increased Ad Spending in the US and the UK National Bank of Greece SA, EFG Eurobank Ergasias SA, Alpha Bank SA and Bank of Piraeus Face Growing Political Pressure to Merge as Greece’s [...]
HSBC Holdings PLC in Talks to Acquire Up to 70% of South Africa’s Nedbank Group Ltd for USD 6.8B China Construction Bank Corp First-Half Net Profit Surges 27% to CNY 70.74B (USD 10.42B) Boosted by Increase in Fee-Based Businesses and Lower Impairment Charges SAB Miller PLC May Offer USD 10.9B to Acquire Foster’s Group Ltd’s [...]
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Tagged Blackstone Group, Blackstone Group Hong Kong, China Construction Bank Net Profit, David O'Reilly, HSBC Holdings, HSBC Holdings Nedbank Group, International Lease Finance Corp Repays Loan, Luxury Apartments in Hong Kong, Overnight Market News, Overnight Markets, SAB Miller Foster's Group
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Bank of America and Visa Inc Plan to Begin a Test Programme Next Month That Will Allow Customers to Use Smartphones to Pay for In-Store Purchases Hewlett-Packard Co Reports Q03 2009/2010 Earnings per Share of USD 1.08, Up From USD 0.91 a Year Earlier and In Line With Preliminary Results Announced Earlier This Month Dell [...]
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Tagged Dana Petroleum, Dell Revenue, Dell Revenues, German Economy, German Economy Growth, Germany’s Economy, Germany’s Economy Grows, Hewlett-Packard Earnings Per Share, Hewlett-Packard EPS, Korea National Oil Corp, Korea National Oil Corp Hostile Bid, Overnight Market News, Overnight Markets, Sugar Prices
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US Investment Bank Goldman Sachs Group, Inc Sues French Investment Bank Natixis SA in London High Court, Claiming Damages for Breach of Contract Regarding Credit Default Swaps The Largest US Department-Store Chain, Sears Holdings Corp Narrows Q02 2010 Loss to USD 39mm or USD 0.35 per Share from USD 94mm or USD 0.79 per Share [...]
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Tagged China Mobile, China Mobile Net Income, Goldman Sachs Sues Natixis, Holcim, Holcim Net Income, Lenovo Group, Lenovo Group Net Income, Overnight Market News, Overnight Markets, Sears Holdings Loss, Sears Loss, UK Retail Sales
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BHP Billiton Ltd Makes USD 40B Takeover Offer for Potash Corp of Saskatchewan Inc After an Initial USD 39B Attempt was Rejected General Motors Co to Consider the Sale of Preferred Stock to be Listed on the New York Stock Exchange Alongside its Initial Public Offering of Common Shares Job Vacancies at London’s Financial-Services Companies [...]
The Home Depot, Inc Posts Increased Q02 2010 Net Income to USD 1.19B from USD 1.12B or Earnings per Share (EPS) of USD 0.72 from USD 0.66, Topping Estimates of USD 0.70 a Share Wal-Mart Stores, Inc Reports 3.6% Rise in Q02 2010 Profit to USD 3.59B or USD 0.97 a Share from USD 3.47B [...]